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The stars are aligning for Argentine banks. Galicia stands out as a key beneficiary. The buyout of HSBC Argentina adds legs to Galicia's post-election rally.
Here is how Grupo Financiero Galicia (GGAL) and First Internet Bancorp (INBK) have performed compared to their sector so far this year.

Why Stocks in Argentina Are Flying Today

02:49pm, Monday, 27'th Nov 2023
Argentina elected a new president just over a week ago. President-elect Javier Milei has promised to dollarize his nation's economy, tame inflation -- and close down Argentina's central bank.

Why Are U.S.-Traded Argentina Stocks Up Today?

01:42pm, Monday, 20'th Nov 2023
Shares of U.S.-traded companies based in Argentina are rising today following the country's recent election news. Yesterday, the South American nation surprised the world when it elected far-right lib
Since 2001, Argentina has defaulted on its international sovereign debt three times.
Investors need to pay close attention to Grupo Financiero (GGAL) stock based on the movements in the options market lately.
In last trading session, Grupo Financiero Galicia S.A. (NASDAQ:GGAL) saw 0.65 million shares changing hands with its beta currently measuring 1.76. Company’s recent per share price level of $9.89 trading at -$0.08 or -0.80% at ring of the bell on the day assigns it a market valuation of $2.29B. That closing price of GGAL’s stock … Grupo Financiero Galicia S.A. (NASDAQ:GGAL) Is 29.22% Above Its 52-Week Low, But How Long Will It Remain So? Read More »
Upgrades UBS upgraded the previous rating for Align Technology Inc (NASDAQ:ALGN) from Neutral to Buy. For the third quarter, Align Tech had an EPS of $2.87, compared to year-ago quarter EPS of $2.25.
Because of regulation, there is little differentiation strategy for Argentinian banks. Investors should compare Argentinian banks based on relative differences but mostly based on market capitalizatio
Goldman Sachs Group Inc. trimmed its position in shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL) by 6.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,221 shares of the banks stock after selling 1,357 shares during the quarter. Goldman Sachs Group Inc.s holdings [] The post Goldman Sachs Group Inc. Cuts Stock Holdings in Grupo Financiero Galicia S.A. (NASDAQ:GGAL) appeared first on ETF Daily News .
Grupo Financiero Galicia S.A. (NASDAQ:GGAL) price on Friday, December 10, fall -1.95% below its previous days close as a downside momentum from buyers pushed the stocks value to $9.57. A look at the stocks price movement, the close in the last trading session was $9.76, moving within a range at $9.41 and $9.76. The beta Grupo Financiero Galicia S.A.s (GGAL) Stock Is Harder To Predict Than You Think Read More »

Short Interest in Grupo Financiero Galicia S.A. (NASDAQ:GGAL) Grows By 19.5%

01:52pm, Sunday, 05'th Dec 2021 Dakota Financial News
Grupo Financiero Galicia S.A. (NASDAQ:GGAL) was the recipient of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 1,780,000 shares, an increase of 19.5% from the October 31st total of 1,490,000 shares. Approximately 1.5% of the companys shares are short sold. Based on an []
Grupo Financiero Galicia (GGAL) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analy

Bank of Montreal (BMO) Unveils Line-Up of Credit Cards

07:06pm, Monday, 29'th Nov 2021 Zacks Investment Research
Bank of Montreal's (BMO) launch of BMO World Elite Business Mastercard and BMO AIR MILES World Elite Business cards will help Canadian business owners streamline business expenses more efficiently.

Why Earnings Season Could Be Great for Grupo Financiero Galicia (GGAL)

01:40pm, Tuesday, 23'rd Nov 2021 Zacks Investment Research
Grupo Financiero Galicia (GGAL) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
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